Fidelity Vice President: Pension plans are beginning to explore investment opportunities in the crypto space
2024-05-04 05:18:47
Manuel Nordeste, vice president of Fidelity Digital Assets, said that fixed income plans and other pension funds are "just starting to talk to investment committees" about crypto assets. Small but established investors like family offices and high net worth individuals are more likely to buy cryptocurrencies. When Fidelity Digital Assets was just getting started (in 2018), it saw "family offices, small specialty asset managers and hedge funds, and then large blue chip hedge funds," and we started talking to larger, genuine institutional investors, some of which we are acquiring, as well as corporations and so on.
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